Indiana Code 10-16-10-7. Loan companies or pawnbrokers; permits to sell government property
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Sec. 7. A loan company or pawnbroker may not sell or otherwise dispose of any property described in section 6 of this chapter, unless the loan company or pawnbroker has obtained a written permit from the adjutant general authorizing the sale or disposition of the property and that states that the property:
(2) may be lawfully sold or otherwise disposed of according to the laws of Indiana and the United States.
(1) cannot be identified as being the property of the United States government or of any of its military branches; and
Terms Used In Indiana Code 10-16-10-7
- Property: includes personal and real property. See Indiana Code 1-1-4-5
- United States: includes the District of Columbia and the commonwealths, possessions, states in free association with the United States, and the territories. See Indiana Code 1-1-4-5
[Pre-2003 Recodification Citation: 10-2-6-9.]
As added by P.L.2-2003, SEC.7.